Ropes & Gray represented Thomas H. Lee Partners, L.P. in connection with the sale of Fastaff Travel Nursing and U.S. Nursing Corporation to Cornell Capital LLC and Trilantic North America. The transaction was announced on February 24. The press release is available here.
Founded in 1989, Fastaff and U.S. Nursing have provided hospitals with staffing solutions for more than three decades. Fastaff pioneered the practice of Rapid Response℠ travel nurse staffing and has since grown to become the leading provider of temporary nurses nationwide.
The Ropes & Gray team that represented Thomas H. Lee Partners was led by private equity partner Bill Mone (Boston), and included private equity associates Martin Pepeljugoski, Andrea Daley (both of Boston) and Scott Rolnik (New York), litigation & enforcement partner Jonathan Klarfeld (Washington D.C.), litigation & enforcement counsel Deidre Johnson (Boston), health care partners Christina Bergeron (Boston) and Jennifer Romig (Chicago), employment, executive compensation & benefits partners Loretta Richard, Renata Ferrari and Megan Bisk (all of Boston), mergers & acquisitions partner Michael Beauvais (Boston), tax partner Amanda Holt (Boston), and tax associate Zhen Zhang (Boston).
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